IB Diploma Economics:
International Trade

This section of the IB Economics course examines international trade  – the flow of goods and services form one country to the next. This IB Economics topic begins with the question: why do countries trade? and examines the benefits of trade between countries. Higher Level IB Economics students look at economic models of trade. Both free trade and protectionism are topics that are analysed, in depth,  in this section of the course.

---

International Trade  – Topics:

• The benefits of trade
• Free trade: absolute and comparative advantage HL
• The World Trade Organization (WTO)
• Restrictions on free trade: trade protection
• Arguments for and against trade protection
  

---

International Trade

---

Globalisation documentary

Globalisation, international trade & economic development. 

---

---